Houck & Associates - Web Consulting Services


  Email Marketing
  Response and Conversion Rates


Research shows average response rates to be 5-15%. This statistic is very misleading since the kind of permission email campaign is never qualified. Is this clickthrough or conversion? House file or Acquisition?

House file campaigns will generally result in higher click-through and conversion rates. Acquisition campaigns can reach higher plateaus only if a proper test-measure-refine methodology is in place.

Expectations
  Depends on what type of action the targeted audience is requested to take
  Click-through rates tend to be 3 - 5% for phase one (test phase)
  Registration is easier than a sale
  Use CRM to reconnect and build on the impulse relationship
  Business-to-Business response rates are typically lower but can result in a higher Lifetime Value (LTV)

Web site impact on results of email campaign
  Pages must load properly and quickly
  Ensure all links work before email launch
  Is "landing page" what visitor expects
  Deliver the offer
  Do not request too much
  Use advanced tracking to monitor drop-off

Kind of offer
  Objective
  Discount
  Free trial downloads
  Branding - offer a premium
  Traffic - offer content
  Use sweepstakes to lure registrants

What to Test
  Relevant audience categories
  Single biggest factor is driving response rates
  Must be relevant and meet permission guidelines
  Utilize the experience of the list source
  The Offer
  Second biggest impact on response rates
  Keep it simple
  Strong call to action
 

Law of Diminishing Returns:
the more you request, the lower the results
  Have a "landing page" at the site
  Deliver on the offer
  Creative Aspects
  Strong "call to action" in subject line
  Keep it short - under 300 words
  Personalize
  Make message content scanable
  State benefits versus listing features
  Do not assume HTML works better
  Test
  Subject lines
  Frequency

Related services:
Viral Marketing
Email Marketing
Image & Identity
Target Audiences
Focus Groups, Surveys, Interviews
Research
Feasibility Studies
Inquiry / Request Marketing Services

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Thursday, August 21, 2008

 


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